Virtual Desktop Tools, Virtual Server Infrastructure
businesswire | July 24, 2023
Denodo, the leader in data management, today announced that Estes Express Lines, the largest privately held freight transportation company in North America, has successfully deployed the Denodo Platform to create a data fabric-enabled Logistics Digital Twin to meet their goals of streamlining freight shipping, boosting profits, and creating a simpler and more pleasant experience for its customers, drivers, and internal business users.
Margins in the shipping industry are small and pricing is often based on historical and fairly static pricing models. Due to the significant amounts of data duplication, Estes needed to access all of its internal and cloud-based data sources to deliver real time data consistency, establish a single source of truth, and modernize their data integration efforts to empower business users and improve operational processes. Utilizing the Denodo Platform, Estes Express Lines created a Logistics Digital Twin--a virtual duplicate of every piece of freight passing through their network. This enables the shipping giant to optimize operations and plan pickups, assign deliveries and driver assignments most efficiently, and provide greater visibility to customers.
“In support of modernizing Estes’ existing technology, we were able to create an end-to-end replica of every shipment we bring into our network and make that data available in real time. This allows us to provide our customers with best-in-class access to shipment data and to model changes in how we move freight, which has significantly increased the effectiveness of our internal stakeholders, drivers, and equipment,” said Todd Florence, CIO, Estes Express Lines. “Denodo’s Data Fabric reduces manual data entry tasks and ensures everyone is on the same sheet of music, which has saved us 10% in infrastructure and labor costs by eliminating the need to duplicate and store the data into yet another system.”
Operating a fleet of more than 8,500 tractors and 34,000 trailers, Estes generates roughly 900,000 quotes and 50,000 shipments a day. The Logistics Digital Twin allows the shipping giant to:
Create a chain of custody: a process that tracks the movement of packages by documenting each person who handled it, the date/time it was collected and/or transferred, and when it was delivered, to provide unprecedented insights.
Optimize efficiencies and improve margins: by looking at both costing and pricing models to create more efficient and effective quotes and by reducing claims.
Integrate customer care with operations and sales: to analyze customer scores and perform sentiment analysis to understand trends, adjust offerings, and create a better customer experience.
Model their facilities and routes: to understand where they can add more shipments to improve profitably, find load imbalances, contract appropriately, and plan for spikes.
Remove the need for cumbersome data entry: by tying telematics to IoT and data from third parties so information can be leveraged in real-time.
“As this recent Wall Street Journal article points out, Estes is a great example of how organizations can break down data silos by logically integrating data across multiple collection points so all parties can benefit from real time information and reduce redundancies,” said Ravi Shankar, Senior Vice President and CMO at Denodo. “Truckers don’t sign up to be data-entry clerks and people need to know where their packages are at any given point. Logical data management solutions like the Denodo Platform are quickly solving cumbersome data management and integration issues and are becoming the backbone of how organizations modernize their technology so they can use data to the fullest.”
About Denodo
Denodo is a leader in data management. The award-winning Denodo Platform is the leading data integration, management, and delivery platform using a logical approach to enable self-service BI, data science, hybrid/multi-cloud data integration, and enterprise data services. Realizing more than 400% ROI and millions of dollars in benefits, Denodo’s customers across large enterprises and mid-market companies in 30+ industries have received payback in less than 6 months.
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Virtual Desktop Tools, Server Hypervisors
prnewswire | July 20, 2023
RISC Zero, developer of leading general purpose zero-knowledge (ZK) virtual machine technology, has raised a $40 million Series A. The round was led by Blockchain Capital and joined by seed round lead Bain Capital Crypto, with participation from other notable investors including Galaxy Digital, IOSG, RockawayX, Maven 11, Fenbushi Capital, Delphi Digital, Aglaé Ventures, IOBC, Tribute Labs' Zero Dao, Figment Capital, and Alchemy Ventures.
RISC Zero's mission is to equip developers and infrastructure providers with novel cryptographic tools to power the next generation of trustless, scalable, and decentralized computation; both on and off-chain — allowing them to build solutions that defy common assumptions about the capabilities of blockchains and other federated and cooperative computing systems. Our innovative system enables users to confidently take control of their digital world by ensuring computational integrity and producing indisputable receipts of accurate program execution.
"Imagine a world where data privacy, security, and trust are no longer concerns, where software supply chains are transparent and verifiable, and where a new generation of applications can harness the power of zero-knowledge computing to solve some of the most pressing challenges of the digital age. This is the promise of zero-knowledge computing and the reason we are investing in RISC Zero" - Bart Stephens, Founder and Managing Partner at Blockchain Capital
RISC Zero's ZK Virtual Machine (zkVM) enables developers to build ZK-powered applications with the convenience of conventional programming languages such as Rust and C++. Utilizing advanced features such as continuations, RISC Zero's zkVM can run programs of arbitrary complexity and scope while utilizing off-the-shelf computing platforms — a first in the blockchain industry.
"We're honored to be supported by all of our incredible capital partners and the visionary leaders and teams that have signed on to help us build this revolution in computing capability. We're excited to play our part in building a more open and trusted foundation for the future of the internet." - Brian Retford, CEO & Co-founder
This funding round will enable RISC Zero to bring its Bonsai computing platform to market, supporting rapid application development and deployment in both cloud and decentralized environments. With Bonsai, developers can focus on writing their application instead of worrying about the complexities of proof orchestration and server infrastructure.
AboutRISC Zero
The RISC Zero platform will drive the coming decentralized computing revolution. We are bringing general purpose computing to the zero-knowledge ecosystem – enabling users to trust programs run anywhere, while allowing developers to use the tools they already know and love. Public key cryptography ushered in the modern internet era by fundamentally altering digital trust dynamics. Similarly, zero-knowledge computing will radically alter the way we interact digitally and enable entirely new classes of applications.
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Virtual Desktop Tools, Virtual Server Infrastructure
prnewswire | July 17, 2023
Broadcom Inc. a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, received conditional approval today from the European Commission to complete its acquisition of VMware, Inc. (NYSE: VMW).
With this decision, the Commission recognizes the importance of this combination in enabling enterprises to accelerate growth and momentum in the multi-cloud ecosystem, and in expanding customer choice and creating more potential for increased innovation and competition.
Broadcom has also received legal merger clearance in Australia, Brazil, Canada, South Africa, and Taiwan, and foreign investment control clearance in all necessary jurisdictions.
While Broadcom believes that its proposed acquisition of VMware will only increase competition and innovation in cloud computing, Broadcom provided the European Commission with a technology access remedy that preserves interoperability, a core principle that would not have changed as a result of this transaction. Broadcom did this to fully address the concerns expressed by the European Commission, and Broadcom welcomes the Commission's decision to accept this access remedy.
Broadcom looks forward to continuing to work constructively with regulators around the world. Broadcom is confident that when regulators conclude their review, they too will see that the combination of Broadcom and VMware will enhance competition in the cloud and benefit enterprise customers by giving them more choice and control over where they locate their workloads. Broadcom continues to expect that the transaction will close in its fiscal year 2023.
About Broadcom Inc.
Broadcom Inc. (NASDAQ: AVGO), a Delaware corporation headquartered in San Jose, CA, is a global technology leader that designs, develops and supplies a broad range of semiconductor and infrastructure software solutions. Broadcom's category-leading product portfolio serves critical markets including data center, networking, enterprise software, broadband, wireless, storage and industrial. Our solutions include data center networking and storage, enterprise, mainframe and cyber security software focused on automation, monitoring and security, smartphone components, telecoms and factory automation.
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